Shareholders of VUSO Insurance Company (Kyiv) plan to approve a resolution at the meeting scheduled for April 29 to allocate UAH 20.013 million from the remaining net undistributed profit for 2024, which totals UAH 98.811 million, for the payment of dividends.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining undistributed profit for 2024 in the amount of UAH 78.799 million will remain undistributed.
The meeting agenda states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
In addition, the shareholders plan to approve the results of financial and economic activities (annual financial statements) for 2025. And to leave the profit earned by the company in 2025 undistributed.
As reported, at a meeting held from December 4 to 9, 2025, the shareholders of IC “VUSO” decided to allocate UAH 20.013 million of the confirmed undistributed profit for 2024, amounting to UAH 118.824 million, for the payment of dividends. The remaining profit for 2024, amounting to 98.811 million, is to be retained.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.
As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity by 22.45%
to UAH 755.839 million, liabilities increased by 28.01%—to UAH 1.161 billion,
cash and cash equivalents—by 36.09%, to UAH 758.730 million.
The Supervisory Board of VUSO Insurance Company has approved the renewed composition of the Management Board, appointing Olga Levchenko and Igor Frolov, internal specialists, as Deputy Chairpersons of the Management Board, according to information from the insurer.
“The renewal of the board’s composition provides a balance of professional expertise and fresh perspectives, which strengthens the team. This allows us to combine proven approaches with new ideas, increases decision-making flexibility, and contributes to the consistent implementation of business goals,” emphasized Mikhail Nazarchuk, chairman of the insurance company’s supervisory board.
According to the information, Olga Levchenko has more than 23 years of experience in the insurance industry. She has many years of experience in management positions in insurance companies, and for the last three years she has been overseeing the development of medical insurance at VUSO. In her new position, she will focus on medical and travel insurance and underwriting.
Igor Frolov has been working in the financial sector since 2007. In 2016, he headed the central branch of VUSO in Kyiv and managed sales in the region. As a member of the Management Board, he is responsible for alternative sales channels, customer and non-operational support, marketing, and partnerships with tour operators.
As noted in the information, the current composition of the Management Board is as follows: Chairman of the Management Board Andriy Artyukhov, Deputy Chairpersons of the Management Board Olga Kabanets, Olga Levchenko, and Igor Frolov.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). VUSO Insurance Company has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
The National Technical University of Ukraine ‘Igor Sikorsky Kyiv Polytechnic Institute’ has announced its intention to conclude an agreement with VUSO Insurance Company for the purchase of compulsory civil liability insurance for owners of land vehicles (OSAGO).
According to a report in the Prozorro electronic public procurement system, the company’s price offer was UAH 92,300, with an expected cost of UAH 274,100.
The following insurance companies participated in the tender: Guardian – UAH 122,800, TAS – UAH 153,800, NASK Oranta – UAH 153,800, and Kraina – UAH 154,100.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the National Association of Insurers, a participant in the agreement on direct settlement of losses, and a member of the Nuclear Insurance Pool.
On June 23, PJSC Khmelnytskyoblenergo announced its intention to conclude a contract with IC VUSO for compulsory civil liability insurance for owners of land vehicles (OSAGO), according to the Prozorro electronic public procurement system.
With an expected cost of UAH 4.209 million, the price offered by VUSO, the only participant in the tender, was UAH 4.149 million.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the National Association of Insurance Companies of Ukraine, a participant in the agreement on direct settlement of losses, and a member of the Nuclear Insurance Pool.
INSURANCE, Khmelnytskyoblenergo, Motor transport, VUSO Insurance Company
On June 19, Kirovogradoblenergo announced its intention to conclude a contract with VUSO Insurance Company for compulsory motor third party liability insurance. According to the Prozorro electronic procurement system, the expected price for the services was UAH 900,000. The company’s price offer was UAH 682,053.
The company won a similar tender a year ago. VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the National Association of Insurance Companies of Ukraine, a participant in the agreement on direct settlement of losses, and a member of the Nuclear Insurance Pool.
INSURANCE, OSAGO, VUSO Insurance Company, Кіровоградобленерго
